Evergrande's "pitfall" in which Shenzhen Anju Group faced a debt recovery of 2 billion from Shandong Hi-speed.
① Due to the payment issues related to the equity transfer from Evergrande, a new round of tug-of-war has arisen over the debt disputes between influential state-owned enterprises in Shenzhen and shandong; ② Shandong hi-speed stated on the Shanghai Stock Exchange e-interaction platform that, as of now, the court has not yet made a ruling on the case. Meanwhile, Changying Jincheng has successively submitted the "Application for Restoration of Enforcement" to the court three times on June 14, September 19, and November 18, 2024.
Daily Bull and Bear | Market sentiment is warming up! The Hang Seng Index futures closed above 21,000 points, with the bull certificate ratio regaining the advantage; the Hong Kong Stock Exchange rose nearly 6% yesterday, with multiple call warrants makin
As of market close, the total market turnover was 206.53 billion HKD, with trading sentiment showing some improvement; the total turnover of all warrants and callable bull/bear contracts was 12.633 billion HKD, accounting for 6.1% of the total market turnover, of which the long positions accounted for 3.8% and the short positions accounted for 2.4%.
Last night, china assets went "crazy."
Overnight, the nasdaq Golden Dragon china index rose over 8.5%, marking the best single-day performance since the end of September. Popular Chinese concept etfs surged collectively: the largest MCHI increased by 7.7%, the FXI, which tracks large Chinese companies in the Hong Kong stock market, rose over 8%, and the only major Chinese concept etf tracking the A-share market, ASHR, gained nearly 7%. The most insane increase came from the three times leveraged FTSE China, YINN, which soared 24% overnight and continued to rise over 2% after hours.
The countdown for financial companies to exit shareholder equity in financial institutions has begun, as a large number of public offerings, reits, banks, and insurance firms are busy changing shareholders.
① In just over seven months, Cathay Fund completed the change of its third-largest shareholder; ② With the countdown for the clearing ending, financial companies are intensively transferring public offerings, reits, banks, and insurance equity.
Chat records, dual contracts? Xiangcai Co., Ltd. announced clarifications, involving three key points.
① Xiangcai Co., Ltd stated that neither the company nor its subsidiaries have signed hidden contracts with related parties, nor have they provided assistance for related illegal activities. ② The subsidiaries have also conducted various self-inspections and verifications, and have not found that Xiangcai Securities or its staff provided assistance for related illegal activities.
Old case with new twists: Yunnan reits won 0.342 billion in the first trial ruling, how likely is a success in the retrial?
① This judgment is a first-instance judgment and has not yet taken effect. Xiangcai Securities is actively preparing for an appeal; ② The company plans to make provisions for estimated liabilities based on the first-instance judgment, with the specific amount pending confirmation from the annual auditor's audit results.